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Disney Buys NHL’s 10% Stake In BAMTech For $350 Million; MLB’s 15% On The Table In 2022
Disney earlier this month exercised its right to buy the NHL's 10% stake in streaming technology services group BAMTech for $350 million in a deal expected to close by the end of September.
In its quarterly report filed with the SEC – which is more detailed than the earnings press release from earlier this afternoon…
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1 Comments Comment on Disney Buys NHL’s 10% Stake In BAMTech For $350 Million; MLB’s 15% On The Table In 2022
Disney Offers Detailed Look At Investments (And Losses) Ahead Of Streaming Service Launch
The Walt Disney Co. provided investors a more detailed look at its investment in building a direct-to-consumer business in financial documents filed today with the SEC. The company re-cast Disney’s results for the past three fiscal years to align with the new corporate structure created with last March’s…
Disney Details Costs Associated With Hulu, BAMTech, As It Invests In An Increasingly Digital Future
Disney’s second quarter earnings results provide a small window into the costs a traditional media company incurs as it tries to compete with technological rivals like the dominant streaming service, Netflix.
The company’s high-profile, $52.4 billion offer to acquire much of 21st Century Fox’s film and television…
Disney Taps Former Apple Exec To Lead Its New Streaming Service Push
Kevin Swint, a tech executive whose past roles include heading up the movie group at Apple iTunes, has joined Disney to lead the media company’s much-ballyhooed, Netflix-rivaling streaming service, Deadline has confirmed.
A veteran exec at Samsung, Walmart and Apple, Swint will be senior VP and GM of the still-unnamed…
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By Dade Hayes
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Former MLB Advanced Media Boss Forced Out Amid Alleged Improper Workplace Behavior: Report
Major League Baseball pushed out the architect of its digital media business following reports of troubling workplace behavior, the Wall Street Journal reports.
Bob Bowman, the longtime head of MLB Advanced Media who is credited with shepherding the league’s revolutionary live-streaming platform, announced his…
Disney Reports Q4 Earnings That Modestly Beat Street Estimates
Disney reported a modest lift in its fourth quarter earnings, even though revenues were buffeted by Hurricane Irma.
The company posted per-share earnings of $1.13, or $1.7 billion, for its quarter ending in September. That beat Thomson Reuters consensus estimates of $1.12 per share. Excluding items that affect…
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Michael Paull Leaves Amazon To Become CEO Of MLB & Disney’s BAMTech
Major League Baseball’s tech arm, BAMTech, just picked up an important free agent as it lured Michael Paull to become its CEO — leaving Amazon where he was VP of Digital Video.
In March he’ll move to New York to take charge of the operation that’s co-owned by Major League Baseball Advanced Media, Disney, and the…
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